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Vancouver Off-Topic / Current EventsThe off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

it's counter productive and hurt the very foundation of everything when you rev kids on Fentanyl keep being a pain "WHY YOU NO ENGLISH, GET OUT OF MY COUNTRY"
do you want Vancouver to look like Gastown from decades ago? fucking retards

Originally posted by v.b. can we stop, my pussy hurts... Originally posted by asian_XL fliptuner, I am gonna grab ur dick and pee in your face, then rub shit all over my face...:lolOriginally posted by Fei-Ji haha i can taste the cum in my mouthOriginally posted by FastAnna when I was 13 I wanted to be a video hoe so bad

Trudeau wants to help create affordable housing yet is going out of his way to setup "fast tracked" visa stations in China to make it easier to come here and visit? Right..

Went away last week got back last night

Since I've gotten back two houses I've been watching in east Van have sold, both above asking (albeit 50 and 100k respectively)

The "Ruth and David" group who specialize in east Van just listed 7 new properties as of today, and hinting the market is picking right back up.

Also had this email forwarded to me from the urban development institute (UDI):

Quote:

Homes sales in the attached and apartment market return to average August levels. Limited supply and high prices leave affordability unchanged in the majority of Greater Vancouver.

Statistics released today from the Real Estate Board of Greater Vancouver show residential property sales in Metro Vancouver declined 26% in August compared to the same month one year ago, yet prices in attached and detached homes are still well above 2015 levels.
As UDI predicted, the largest drop in sales was for single family detached homes which decreased 44.6 per cent from the previous year.

Attached home sales, which account 95% of the new home market, decreased by a modest 10 per cent. With prices still above August 2015 levels and limited supply, affordability remains unchanged for the majority of the region.

Demand for condos and townhomes is strong, and many areas remain under-supplied for this type of housing. Since the new tax was introduced, some condo projects were launched and units quickly sold with robust demand. Bosa Properties pre-sold all one-bedroom units in their Cardero building in less than two-weeks from their recent launch.

The Urban Development Institute urged the provincial government to grandfather pre-sale contracts that were already in place prior to the announcement of the foreign buyers tax. Due to the government’s refusal to exempt existing contracts, many purchasers had to forfeit their deposits when they discovered they could not afford the new tax. There are still many pre-sale contracts subject to the tax on units still under construction.

Lots of trolling over the past couple of pages, but let's bring this discussion back on topic.

What are some underrated pockets of Metro Vancouver? If I were buying today, I would be looking hard at Sapperton in New West or Moody Centre in Port Moody. These areas have Sky train access, an industrial feel, and haven't been ruined by the foreign money...yet.

Trudeau wants to help create affordable housing yet is going out of his way to setup "fast tracked" visa stations in China to make it easier to come here and visit? Right..

Went away last week got back last night

Since I've gotten back two houses I've been watching in east Van have sold, both above asking (albeit 50 and 100k respectively)

The "Ruth and David" group who specialize in east Van just listed 7 new properties as of today, and hinting the market is picking right back up.

Also had this email forwarded to me from the urban development institute (UDI):

If September picks up, or even carries on existing prices

Ain't shit changed, cept the number after the dot on the range!

Here's a snap of the actual data (your email was derived from this data, originally sent from the VREB). You may have to crank your head around but you'll see sales are down a huge amount from last month (obviously a small snapshot of data), and indeed down a fair amount from this time last year. If I had a little more time it would be interesting to compare 2015 July data to 2016.

As for new listings happening in east van... Isn't that considered supply?

Also interesting to see te split of where the changes are actually happening. Van west/east, richmond and Burnaby have very large drops. Where as west van has little change. Areas outside of the "tax zone" have smaller changes as well.